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Is it a good idea to start a company soon after graduation

This is a discussion on Is it a good idea to start a company soon after graduation within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; well...i think starting a company soon after graduation involves a lot of risk ..as we are quite fresh and are ...

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Re: Is it a good idea to start a company soon after graduation
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priyanka.87
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

well...i think starting a company soon after graduation involves a lot of risk ..as we are quite fresh and are not much aware of the market which is extremely mandatory to get on with a new business or a company...instead gaining some experience in the concerned field will involve lesser risk and will be quite motivating .
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Re: Is it a good idea to start a company soon after graduation
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Re: Is it a good idea to start a company soon after graduation
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

i dont think its a good option to start a business straight away after the college..... cause we can only see few big companies, in my opinion they have luck ,thatsy they became that much success full..... but there are many more companies which are not so succesfull beacuse they dont have luck.... so in the absence of luck we need to have some experience so that we can start our own business.....
   
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Re: Is it a good idea to start a company soon after graduation
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

i think before starting a company of his own, one should first gain some corporate work experiance to understand the challenges of managing a business, also understand the risks involved. Apart from that it is always a good idea to be financially sound before venturing into a new business.
   
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

i think you should gain some experience before starting a company
   
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Smile Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

Well that depends : track down this topics and qualify yourself to start business:

1) Introduction of the proposed project
2) Your qualifications and accessibility and eligiblity to handle such proposal
3) Do you have any sound idea abou the market of the product your proposal and future market for the same
4) Do you know the financial requiremenst of the proposal , i:e; Capital invvestment(plant and machinery & MFA's), working capital requirements for such proposal for such units minimum 3 months cycle , other overheads and options of finance available and the most suited form
5) Management & Man power requirement
6) Technologival requirement
and few others to be consulted with the expert , if you know the answers for this a rough sketch of it , than you are good to go , say you are committed otherwise find a suitable job gather experience and then go for self entrepreneurships
   
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

According to me one should start his own business when he is confident abt himself.
It should not matter how much experience he has as long as he is ready to run his own business and fully prepared.

Discipline could a key factor in running a business. If one thinks that by gaining some Work exp he will b better equipped then he should go and work in some co.
   
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

Starting a company is almost like nuturing a baby. You cannot fully learn everything and then start. But there are certain basic elements of business that one must know so that the process of learning and implementing would be easier.
First of all one must know what is takes to start a company, manage a company and run profitably with a longer vision in mind.

Try to get your answers clear about these before starting any business.

Like any work you need to know about what you are doing- know about the business by doing proper industry and business research. Then just take action and move on...
regards,
Dileep.
   
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

I think it depends on how much clarity you have on what you want to do. If you only have a dream to open a company and have not worked out on the details part it is better to spend some time firming up your plan and then launching your company.
   
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

It depends on the desire and drive of the individual. It also is dependent on the individual's traits. If entrepreneurhip traits are missing then inspite of adequate capital and trained & experienced manpower, the individual may not survive for long in the market considering the stiff competition and market dynamics
   
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Re: Is it a good idea to start a company soon after graduation - 4 Weeks Ago

thats very true and one should always look forward to start a new venture just after graduation
there might be some hickups in the beginning but with time and expericene things get right
and in 99% times its true
   
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